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Hero FinCorp

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Hero FinCorp Collections Manager salaries in India (Updated 2025)

Annual salary range
3 - 17 years exp.
₹3.1 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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18% more than the average Collections Manager Salary in NBFC Companies for 3 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
3 - 17 years exp. (94 salaries)
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₹3.1 L/yr - ₹10.2 L/yr

Finance & Accounting
Collections Manager Salary
3 - 16 years exp. (82 salaries)
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₹3.5 L/yr - ₹8.8 L/yr

Customer Success, Service & Operations
Collections Manager Salary
3 - 15 years exp. (17 salaries)
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₹3.5 L/yr - ₹10 L/yr

Sales & Business Development
Collections Manager Salary
5 - 14 years exp. (15 salaries)
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₹3.5 L/yr - ₹8.4 L/yr

Risk Management & Compliance
Collections Manager Salary
4 - 15 years exp. (11 salaries)
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₹3.7 L/yr - ₹10.2 L/yr

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Last Updated: 8 Mar 2025

Companies similar to Hero FinCorp for Collections Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Collections Manager Salary

0 - 10 years exp. (444 salaries)

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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 25% less
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HDFC Bank Collections Manager Salary

1 - 18 years exp. (1.1k salaries)

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₹2 L/yr - ₹11.1 L/yr

At par
7 job openings
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (254 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 10% more
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Kotak Mahindra Bank Collections Manager Salary

3 - 14 years exp. (302 salaries)

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₹1.8 L/yr - ₹9.8 L/yr

arrow icon 7% less
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Axis Bank Collections Manager Salary

4 - 14 years exp. (293 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 11% more
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Tata Capital Collections Manager Salary

3 - 12 years exp. (286 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 9% less
16 job openings
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Bajaj Finance Collections Manager Salary

0 - 11 years exp. (340 salaries)

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₹1.2 L/yr - ₹7.8 L/yr

arrow icon 27% less
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Shriram Finance Collections Manager Salary

2 - 10 years exp. (184 salaries)

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₹1.9 L/yr - ₹6 L/yr

arrow icon 42% less
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Kotak Mahindra Prime Collections Manager Salary

3 - 10 years exp. (132 salaries)

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₹2.3 L/yr - ₹8.3 L/yr

arrow icon 30% less
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L&T Finance Collections Manager Salary

4 - 12 years exp. (181 salaries)

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₹2.4 L/yr - ₹9.8 L/yr

arrow icon 8% less
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Aditya Birla Finance Collections Manager Salary

0 - 9 years exp. (103 salaries)

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₹3.6 L/yr - ₹9 L/yr

arrow icon 7% less
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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 29% less
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Mahindra Finance Collections Manager Salary

2 - 10 years exp. (73 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 44% less
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₹4 L/yr - ₹8.3 L/yr

arrow icon 7% less
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₹2.4 L/yr - ₹5 L/yr

arrow icon 47% less
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₹2.8 L/yr - ₹6 L/yr

arrow icon 33% less
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₹3.8 L/yr - ₹11.2 L/yr

arrow icon 1% less
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PNB Housing Finance Collections Manager Salary

0 - 11 years exp. (33 salaries)

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₹3.3 L/yr - ₹7.5 L/yr

arrow icon 29% less
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Home Credit Finance Collections Manager Salary

3 - 13 years exp. (32 salaries)

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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 40% less
1 job opening
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InCred Finance Collections Manager Salary

3 - 16 years exp. (30 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 9% less
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Collections Manager salary at Hero FinCorp ranges between ₹3.1 Lakhs to ₹10.2 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 303 latest salaries received from various employees of Hero FinCorp.

Latest annual salaries shared by Hero FinCorp Collections Manager

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9 years exp.

Experience wise Hero FinCorp Collections Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
3 years  (8 salaries)

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₹3.5 L/yr - ₹5.5 L/yr
4 years  (10 salaries)

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₹3.4 L/yr - ₹7.2 L/yr
5 years  (35 salaries)

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₹3.3 L/yr - ₹8.4 L/yr
6 years  (32 salaries)

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₹3.1 L/yr - ₹8 L/yr
7 years  (23 salaries)

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₹3.5 L/yr - ₹8.5 L/yr
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Similar Designation salaries in Hero FinCorp

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₹1 L/yr - ₹5.67 L/yr
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₹5.2 L/yr - ₹10.25 L/yr
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₹4.5 L/yr - ₹7.98 L/yr
Branch Collection Manager Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
Cluster Manager Salary
(80 salaries)
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₹8.35 L/yr - ₹27.5 L/yr
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₹2 L/yr - ₹9.1 L/yr
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₹0.7 L/yr - ₹6.75 L/yr
Debt Manager Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr
Branch Manager Salary
(3 salaries)
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₹3.2 L/yr - ₹14 L/yr
Agency Manager Salary
(3 salaries)
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₹3.2 L/yr - ₹4 L/yr

Top skills at Hero FinCorp for Collections Manager

Collection Management Collections Collection Management Collections NBFC SME Recovery Management Recovery Lap Relationship Management Customer Satisfaction Financial Statement Analysis mortgage Stakeholder Management Calling

Salary related reviews for Hero FinCorp

4.4

Rated by 213 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 08 Jun 2022

4.0
 for  Salary and Benefits

Likes

Can work from home and flexible timing. Incentive structure is very Good. HR give equal importance to all individuals irrespective of colour, Religion and caste.

read more
  • Salary - Good
  • +2 more

Dislikes

I found Hectic life schedule after Covid. Salary is decent but carrier growth is little slow.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

They give lots of target which is impossible to achieve. They polices is not at all good Salary is very low dont give any increment Very aggressive towards employee..... Give lots of Work and stress

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 04 Nov 2022

5.0
 for  Salary and Benefits

Likes

I love how the company offered learning opportunities and seemed to care about helping their employees develop and grow professionally. They had weekly lunch meetings where we’d learn a new topic, they offered tuition reimbursement, and all of the senior leadership team was very approachable and supportive.

read more
  • Salary - Excellent
  • +5 more

Dislikes

...that I feel like I haven't been rewarded enough for the work I've done for them. Sure, maybe they don't have the budget to pay me more, and that's okay. But I honestly believe that from my experience I should earn more than 50 thousand annually. I have a family, two young kids, and with whatever expenses we have right now, I really need a better salary.

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Sales & Business Development Department

5.0
  •  posted on 19 Jun 2020

2.0
 for  Salary and Benefits

Likes

...mates are supportive. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, salary hike and bonus every year.

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  • Skill development - Excellent
  • +3 more

Dislikes

Company brand and policies good

  • Salary - Poor
  • +2 more

Finance & Accounting Department

5.0
  •  posted on 08 Nov 2018

4.0
 for  Salary and Benefits

Likes

Hero Fincorop is largest financial company .and no 1 company

  • Salary - Good
  • +2 more

Dislikes

Hero Fincorop me sales executive ki minimum salary 15 k hona chahiye Branch offices hona chahiye.collection team or strong hona chahiye.noc dispatch team Ko NOC fast dispatch karna chahiye.custome service number easy hona chahiye

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Hero FinCorp Collections Manager Salary FAQs

What is the salary of Collections Manager at Hero FinCorp ?
The average salary of a Collections Manager at Hero FinCorp in India typically ranges from ₹3.1 Lakhs to ₹10.2 Lakhs per year, depending on experience (from 3 years to 17 years).

The top 10% of Collections Manager at Hero FinCorp earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Collections Manager Salaries at Hero FinCorp can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 300+ Hero FinCorp employees in India.
What is the estimated take home salary of a Collections Manager at Hero FinCorp in India?
The estimated take-home salary of a Collections Manager at Hero FinCorp in India typically ranges from ₹50,636 to ₹51,831 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹10.2 Lakhs per year for employees with experience ranging from 3 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 300+ salaries received from various employees of Hero FinCorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collections Manager at Hero FinCorp ?
To be a Collections Manager at Hero FinCorp in india, the key skills required include:

  • - Collection Management
  • - Collections
  • - Collection Management
  • - Collections
  • - NBFC

These skills are highly valued at Hero FinCorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Hero FinCorp for Collections Manager in India?
Axis Bank ₹3.0 Lakhs to ₹13.0 Lakhs per year
ICICI Bank ₹3.7 Lakhs to ₹12.0 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹11.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hero FinCorp, depending on the role and experience level.
What is the salary of a Collections Manager in companies similar to Hero FinCorp in India?
The salary of a Collections Manager at companies similar to Hero FinCorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance ₹3.8 Lakhs to ₹11.2 Lakhs per year
Kogta Financial India Limited ₹3.1 Lakhs to ₹10.5 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹9.8 Lakhs per year
Aditya Birla Finance ₹3.6 Lakhs to ₹9.0 Lakhs per year
Bajaj Housing Finance ₹4.0 Lakhs to ₹8.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Collections Manager at Hero FinCorp in India?
The salary growth for a Collections Manager at Hero FinCorp depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Hero FinCorp:

Experience Average Salary Range
3 years ₹3.5 Lakhs to ₹5.5 Lakhs per year
4 years ₹3.4 Lakhs to ₹7.2 Lakhs per year
5 years ₹3.3 Lakhs to ₹8.4 Lakhs per year
6 years ₹3.1 Lakhs to ₹8.0 Lakhs per year
and so on.

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Hero FinCorp Collections Manager salary in India ranges between ₹3.1 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 303 Hero FinCorp latest salaries received from various employees of Hero FinCorp.